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Article

A Market-Based Economic Instrument to Better Use Water in Agriculture

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Faculty of Food Engineering, Tourism and Environmental Protection, Aurel Vlaicu University of Arad, Str. Elena Drăgoi, no 2, 310330 Arad, Romania
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Faculty of Forestry, Stefan cel Mare University of Suceava, Str. Universitatii, 13, 720225 Suceava, Romania
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S.C. Water Company Arad S.A., Str. Sabin Drăgoi, Nr. 2-4, 312330 Arad, Romania
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Department of Management and Rural Development, Banat’s University of Agricultural Sciences and Veterinary Medicine, Calea Aradului 119, Timis, 300645 Timisoara, Romania
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Author to whom correspondence should be addressed.
Sustainability 2020, 12(4), 1473; https://doi.org/10.3390/su12041473
Received: 22 November 2019 / Revised: 6 February 2020 / Accepted: 11 February 2020 / Published: 17 February 2020
The paper presents a market-oriented system of returnable guarantees that can be combined with tradable permits to encourage farmers to use alternative sources of water instead of the regular watering network, or to steer the farming system toward environmentally-friendly systems like low tillage and/or organic farming. Factual data from real farming were bootstrapped to test whether or not a set of farms could save water and reduce chemical input due to the higher cost of maintaining the status quo. Based on interactions between water, pesticides, fertilizers, and crops, the system of returnable guarantee determines the farmers to reduce the amount of water harvested from aquifers, generates benefits for the most environmentally-friendly farmers, and stimulate conversion to organic farming. View Full-Text
Keywords: agriculture; wastewater; permits; circular economy agriculture; wastewater; permits; circular economy
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MDPI and ACS Style

Brînzan, O.; Drăgoi, M.; Bociort, D.; Țigan, E.; Mateoc-Sîrb, N.; Lungu, M. A Market-Based Economic Instrument to Better Use Water in Agriculture. Sustainability 2020, 12, 1473. https://doi.org/10.3390/su12041473

AMA Style

Brînzan O, Drăgoi M, Bociort D, Țigan E, Mateoc-Sîrb N, Lungu M. A Market-Based Economic Instrument to Better Use Water in Agriculture. Sustainability. 2020; 12(4):1473. https://doi.org/10.3390/su12041473

Chicago/Turabian Style

Brînzan, Oana, Marian Drăgoi, Dalia Bociort, Eugenia Țigan, Nicoleta Mateoc-Sîrb, and Monica Lungu. 2020. "A Market-Based Economic Instrument to Better Use Water in Agriculture" Sustainability 12, no. 4: 1473. https://doi.org/10.3390/su12041473

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